PR Log - Jul 11, 2011 - Principis Capital, a leading small business financing company, has announced the hire of its new Vice President of Sales, Nick Del Deo. Nick comes to Principis with over 30 years of consumer and commercial banking experience. According to Nick, “Merchant Cash Advance has become an increasingly important capital source for the small business industry. I’m extremely excited to have joined Principis Capital and share in the firm’s commitment to building long term relationships with its clients and partners.”
Nick will be focusing on forming new partner relationships with a wide range of companies to continue Principis’ expansion throughout the small and medium-sized business sector.
In addition, Principis has formally unveiled its new QuickShot funding program, which will enable its small business clients to obtain financing equivalent to one month’s credit card sales at a very low factor rate. This program is perfect for businesses that do not want to max out their credit leverage or take on long-term debt obligations, and are looking for specific amounts of financing to meet well-defined business needs such as renovation/expansion, purchase of equipment, or purchase of inventory.
With the addition of the QuickShot program, Principis continues to expand its product line to meet the changing needs of today’s small business environment.
Based in New York City, Principis Capital is a leading provider of Business Cash Advances. Principis Capital has added value to thousands of businesses in the US and in Canada by helping to ensure their financial stability.